ICAI to top court CA exam slotted for July August cancelled

The Chartered Accountancy examination scheduled to be held in July-August has been cancelled in view of the Covid-19 situation and will now be held in November, the Institute of Chartered Accountants of India (ICAI) informed the Supreme Court on Monday.

The ICAI counsel conveyed this to the court as it took up a plea challenging the “opt out” option provided by the Institute to students who cannot undertake the test due to the pandemic. The petitioners had said that the option “arbitrarily” discriminates between the aspirants. The May cycle of the CA examination was earlier scheduled to be held between July 29 and August 16.

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Hearing the plea on June 29, the court had asked ICAI to extend its ‘opt out’ facility for candidates who are unable to take the exams on account of the Covid-19 situation to all candidates who cannot make it, irrespective of whether they opted to remain out or not.

The court also advised the ICAI to be flexible in conducting exams amid the pandemic and take care of concerns of candidates.

It said the ICAI should keep open options open for a change in examination till the last week and not freeze it as the situation is constantly evolving.

Courtesy: The Indian Express

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